Our information management experts tell me that more data will be created in the next 12–18 months than has been created during the entire human history. Wow.
Really think about that for a minute, along with all the myriad implications of storing, analyzing, using, sharing, protecting, coping, making sense of all of that information.
As data is gathered from more sources, your BI solutions must be able to store and analyze structured data (that is, data traditionally stored in a database) and unstructured data like e-mails, documents and transactions. Businesses also need to store and analyze unstructured multimedia data—including image, video, and audio formats—to track and manage product brands in the increasingly influential social media space.
Keeping pace with the rapidly growing storage ecosystem is changing compliance demands, storage costs, new risk management challenges, and advanced BI requirements. I invite you to check out this HP white paper: Big Data - A Big Problem or a Big Opportunity . It describes how you can deploy a comprehensive, centralized database, capable of cost-effectively storing structured and unstructured data, in less than a month and at a cost of under $700/TB. It includes real world case studies outlining big data problems and the value of business benefits achieved with large-scale storage and cross analytics of big data using the BMMsoft EDMT solution and HP servers.
Don't get overwhelmed by your data - take some positive action and stay ahead of your competition.
If you are attending HP Discover, you might want to grab a seat for this session #3076 Intro to Big Data and Real Time Analytics. The session gets into how big data has created a knowledge gap and how a new breed of analytics platforms can help democratize your data.